Venture capitalists are pumping massive amounts of capital into startup companies, fueled by the emergence of big shifts in mobile, cloud computing and social networking.
A new report out today from CB Insights indicates that VCs invested $7.9 billion in 790 companies during the third quarter, marking the largest quarterly total so far this year. It was also a healthy 30 percent increase in investment dollars over the same period last year.
To read the full, original article click on this link: Venture capital on pace for biggest year since dot-com era - GeekWire
Author:
John Cook
